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Session Laws, 1878
Volume 399, Page 483   View pdf image (33K)
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JOHN LEE CARROLL, ESQUIRE, GOVERNOR. 483

ty-five cents, for ordinary licenses, erroneously paid
to the State.

Approved April 5,1878.

CHAPTER 308.

 

AN ACT to authorize the Mayor and City Council

 

of Baltimore to purchase the whole or any part

 

of the second preferred mortgage bonds and cou-

 

pons of the Western Maryland Railroad Com-

 

pany, and funded certificates representing such

 

coupons, and to issue its stock of certificates of

 

indebtedness so far as may be necessary for the

 

said object, to an amount not exceeding the sum

 

of four hundred thousand dollars.

 

SECTION 1. Be it enacted by the General Assembly

 

of Maryland, That the Mayor and City Council of
Baltimore be and it is hereby authorized and em-

City author-
ized to pui-

powered to purchase the whole or any part of the
bonds of the Western Maryland Railroad Company

cbase

issued under the mortgage of said company, known

 

as the second preferred mortgage, and also the cou-

 

pons issued with said bonds, whether detached or

 

not detached, and the funding certificates issued for

 

such coupons, at such price as may be agreed upon

 

between the said company and the Finance Com-

 

missioners of said city.

 

SEC. 2. And be it enacted, That in order to ena-

 

ble the Mayor and City Council of Baltimore to

 

purchase the said bonds, coupons and certificates, it
is hereby authorized to issue its certificates of in-

Issue certifi-
cates of in-
debtedness

debtedness, commonly known as city stock, to an

 

amount not exceeding the sum of four hundred

 

thousand dollars, upon such terms and conditions

 

and in such manner as the Mayor and City Council

 

of Baltimore may hereafter provide by ordinance ;

 

but no part thereof shall be issued, nor shall any

 


 

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Session Laws, 1878
Volume 399, Page 483   View pdf image (33K)
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